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Schroder Inc Growth (BC!)

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Wednesday 20 September, 2000

Schroder Inc Growth

Purchase of Own Securities

Schroder Income Growth Fund PLC
20 September 2000


Purchase of Shares for Cancellation

Schroder Income Growth Fund plc announces that on 19 September 2000, the Company
purchased 30,000 ordinary shares for cancellation, at a price of 135.00 pence
per share.  Following these purchases, there are a further 69,982,971 ordinary
shares in issue.

Enquiries:

Christine Higgens
Schroder Investment Management Limited       Tel: 020 7658 3496